Announced Wed, 24 Jun · 19:18 IST

Rights Issue of Rs 47.57 Cr gets BSE in-principle nod

Fund Raising View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-4.6%1-day move
₹12.00
prior close
₹11.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+2.5+1.2-4.6-0.4+2.4+14.8+10.0+6.2+7.0+2.1
Up moveDown movePending
AI summary

Saboo Sodium Chloro Limited has received in-principle approval from BSE for a proposed Rights Issue of partly paid-up equity shares worth Rs 47.57 crores. The approval was granted on June 23, 2026 under SEBI LODR rules. The company must now fix a record date with at least three working days advance notice and disclose the rights issue price at least three working days before the record date. The shares will be proposed for listing on BSE.

Likely market impact

Existing shareholders will get an opportunity to subscribe to partly paid-up shares; non-participation may lead to dilution. Issue price awaited.